Rivian shares drop after EV maker slashes production target
Rivian Automotive Inc. shares tumbled after the automaker cut its annual production target, citing a worsening supply crunch at its lone US assembly plant.
Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Shares of Rivian Automotive dropped more than 6% in midday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024.
Rivian (RIVN) stock falls after cutting EV production plans, Q3 deliveries slip
Rivian (RIVN) no longer expects to build as many vehicles this year as it did in 2023. After third-quarter deliveries fell, Rivian lowered its EV production plans for 2024. Heres
Rivian Stock Falls After EV Maker Misses Delivery Estimates, Warns of a Parts Shortage
Key Takeaways Rivian missed quarterly delivery expectations and cut its 2024 production guidance as it faces a parts shortage.The EV maker said it has difficulty getting a component used in production of its R1S SUV and RCV commercial van.
Rivian shares tumble as EV maker cuts production outlook due to parts shortage
Shares in Rivian fell Friday after the EV maker said it’s experiencing a production disruption. Here's what's going wrong.
Rivian Deliveries In Q3 Miss Views; 2024 Production Target Cut For This Reason
Spandex Maker Lycra Talks to Creditors as Debt Maturities Near
Textile company Lycra Co. is in talks with its creditors about extending its more than $1 billion in looming debt maturities.
Creators and innovators get ready! LSU Shreveport to host Maker Faire
In addition to the Maker Faire on Saturday, November 16, there will be a Technology Tailgate Fundraiser on Friday, November ...
Tesla stock had a rough week — here's what's next for the EV maker
Tesla ( TSLA) stock was on pace to end the week down 4% on Friday as the EV maker missed Wall Street estimates on its ...
Movie Gen is Meta’s new AI video maker, and it may change Instagram and Facebook forever
Meanwhile, Meta announced its own Sora alternative. It’s called Movie Gen, its third iteration of generative AI products for ...
ChatGPT Maker Lands $10 Billion, AI Agents Deploy From Disney To Saks
AI agents that can transact on behalf of users are the next wave of digital transformation for enterprise. Here's a look at ...
Nobbs set to become WSL's outright record appearance maker
Jordan Nobbs could set a new record for the most WSL appearances 13 years and 175 days after she made her debut in the league ...
Temasek in Talks for $1 Billion-Plus Stake in India’s Biggest Snack Maker
Temasek Holdings Pte. is in talks to buy a minority stake in Haldiram Snacks Pvt Ltd., people familiar with the matter said, ...
A Boise-area french-fry maker slashes jobs and leaves potatoes unused. This is why
It’s a tough time for the Idaho french-fry maker that calls itself the No. 1 supplier of “value-added” potato products in ...
How the Senate GOP’s potential majority maker is staying ‘shielded’ in push to oust Tester in Montana
Tim Sheehy stumped behind closed doors earlier this week here with a crowd of supporters eager to make him the GOP’s Senate ...
Modelo Maker Constellation Books $2.25 Billion Impairment from Wine and Spirits
Alcohol heavyweight Constellation Brands booked a $2.25 billion goodwill impairment tied to its wine and spirits business, ...
Ray-Ban maker EssilorLuxottica slams ‘grab bag’ lawsuits claiming eyewear monopoly
Eyewear giant EssilorLuxottica has asked a U.S. judge to throw out what it called “misguided” consumer lawsuits accusing the ...